Cost of Candy Just Soared by the Most Ever Right Before Halloween

Posted on October 13, 2022Comments Off on Cost of Candy Just Soared by the Most Ever Right Before Halloween
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© Bloomberg. Mars Inc. and Hershey Co. brand Halloween candy is displayed for a photograph beside a pumpkin themed treat bucket in Tiskilwa, Illinois, U.S., on Sunday, Sept. 20, 2020. Costume-sellers appear to be facing one of their scariest fall seasons in a long time, even as confectioners could see sales hold steady from past years, with some candy brands even expecting an uptick. Photographer: Daniel Acker/Bloomberg

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(Bloomberg) — Giving out treats this Halloween will be a lot more expensive than usual.

The cost of candy and chewing gum jumped 13.1% in September from last year, the most ever, according to the latest US inflation data. This comes just before what’s arguably candy’s most important holiday — Halloween.

Sweets aren’t the only thing seeing a jump. US consumer prices rose by more than forecast to a 40-year high in September. The core consumer price index, which excludes food and energy, increased 6.6% from a year ago, the highest level since 1982.

Read more: Core US inflation rises to 40-year high, securing big Fed hike

©2022 Bloomberg L.P.

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Comments Off on Cost of Candy Just Soared by the Most Ever Right Before Halloween